Auto Warranty Companies Fight For Your Business
extended car warranty - The realm of auto warranty companies is actually a fiercely competitive one. You will find a limited variety of cars on the highway - granted, there are many them, and each one of them, at one point or still, has or had a warranty - but with the large number of companies fighting for the business of these drivers, this means that every car owner will be the target of some very hungry sales reps.
This is definitely a daunting position to be in to get a car owner. If you are investing in a new car coming from a dealership, or purchasing a second hand car, you will see people selling you their warranty services.
In the dealership, you might come across a pushy sales person who will try everything they could to obtain to sign on to have an extended warranty once you make your initial purchase. You will find advantages to buying during those times, including obtaining the costs from the warranty rolled up into the financing for that car, and understanding that your dealership will continue being the spot to have any repairs or replacements done. However these comforts could end up costing you hundreds or lots of money in the end. Sales people make large commissions on warranties, so they're eager to help you get to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you should pay more up-front with those third-party companies, instead of adding a small number in your monthly car payment bills. But it could very well save you money.
But as not every car sales representative is out to rip you off, its not all third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you being a client, so use that in your favor. Compare costs, look at each of the regards to the warranties offered, and tell the businesses you talk to “hey, cause me to the best offer.” If they can't, someone else will.